Ian Goulding, Financial Director
of QHotels, has been named as the UK Financial Director of the Year
(Business), at the national Business Finance Awards 2016.
The prestigious awards, which
celebrate the achievements of the UK's top finance professionals,
teams and service providers, were voted for by a panel of industry
experts and were presented at the Royal Garden Hotel, London on
9th March, 2016.
Ian was recognised for leading the
financial restructuring of QHotels, alongside Managing Director,
Michael Purtill, as well as the acquisition and integration of six
De Vere resorts into the group, to create a £200 million turnover
business without allowing costs to spiral or service to drop.
In presenting the award, judges
commented: "Ian's leadership shines through. He shows strong
entrepreneurial flair, and is creating real value for QHotels."
In a business that employs 5,000
people Ian is not only FD but also heads up IT, procurement,
central reservations and revenue management, along with being the
lead on all legal matters.
In addition to the acquisition of
the six former De Vere hotels, key milestones achieved during the
judging period included seeing 2014's turnover grow by 7.3% (1.6
pts ahead of the market) and EBITDA grow by 11.6%.
Underpinning it all was the
refinancing and restructuring of the company balance sheet, which
meant that group net liabilities of £108 million turned into net
assets of £1.2 million.
Michael Purtill, Managing Director
of QHotels, said: "From myself and the whole QHotels family, we
wish to congratulate Ian on his fantastic achievement. He has been
an integral part of the success of the group over the last 12 years
and this award entry recognises the significant contribution he has
made to the business, in what has been a record-breaking year.
"Ian has an ability to be able to
work on a variety of projects at the same time and still give the
same focus and attention to detail to each of them, no matter how
big or small and remains approachable and accessible to all the
people who report into him. This allows him to positively influence
all levels of the business."
Kevin Reed, head of editorial for
Financial Director magazine, added: "I'm delighted for Ian. We
undertake a robust judging process with some of the UK's most
senior professionals, including other finance directors, lawyers,
academics and executive recruiters."
QHotels has grown from just two
hotels in 2003 into one of the leading brands in the UK hotel
conference market with 26 hotels across the UK and a turnover of
£200 million. The group has won numerous awards, including AA Hotel
Group of the Year 2014-2015 and, this week, Crewe Hall in Cheshire,
was recognised as the best venue in the country for business
tourism at the 2016 Visit England Awards for Excellence.
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